In a conference call with analysts on Thursday Starwood said it is seeing the hotel buyers market around the world deepen amid questions about the pace of its asset sales.
"There is a shortage of high-end hotels in the U.S., " he said Wednesday in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland. "We have more pricing power today than we ve ever had before. "
Driven by China s economic might and increasingly affluent population, the hotel business along its southern coast is booming.
With over 13 years of global strategy experience, Glick began his career at Starwood in 2007 as the Director of Global Operations.
"There is a global travel revolution underway, and the secular trends of rising wealth, rapid urbanization and increasing digital interconnectivity make us as confident as ever about demand for high-end travel, " said Frits van Paasschen, President and CEO of Starwood.
Starwood Hotels & Resorts has opened its first Four Points by Sheraton hotel in the southern Chinese province of Guizhou.
"From the recent opening in Dalian to Aloft Yancheng, Aloft reflects a growing demand for design-led hotels with a lively social scene in emerging cities,” said Qian Jin, President, Greater China, Starwood.
Sheraton Brings its Signature Comforts to Northern China, Enhancing the Local Hospitality Landscape.
Shareholders of Marriott International, Wyndham Worldwide, Intercontinental Hotels Group and Starwood Hotels and Resorts can sleep better at night given the economic reforms and urbanization taking place in China.
Starwood Hotels & Resorts Worldwide, Inc. recently announced the debut of its sizzling Aloft® brand in Dalian, the financial center and leading port city of northeast China.
November 11th 2013, Starwood Hotel & Resorts Worldwide, Inc. announced Mr. Terrence Chen to be the General Manager of Sheraton Shunde Hotel.
"Sheraton Hotels in China will account for nearly one third of the new hotels opening this year in Asia Pacific..., " said Hoyt Harper, Global Brand Leader, Sheraton Hotels & Resorts.
Starwood has announced the opening of the Westin Sanya Haitang Bay Resort. This new beachfront property marks brand s entry into Hainan island.
Wang s Dalian Wanda Group wants to build hotels in as many as 10 major cities around the world including projects planned for London and New York.
"We are very pleased with the opening of the Sheraton Shenyang South City Hotel, providing travelers in Shenyang with a compelling hospitality experience synonymous with the Sheraton name, " says Qian Jin, President, Greater China
Peter Katusak-Huzsvar has been appointed General Manager at W Guangzhou, China Prior to W Guangzhou, Katusak-Huzsvar served as General Manager of W St Petersburg
Starwood Hotels & Resorts Worldwide Inc.recently announced the opening of Sheraton Qinhuangdao Beidaihe Hotel in northern China's Hebei province which marks the hotel giant's enterance into Hebei province.
Starwood Hotels & Resorts Worldwide, Inc. has added the Palacio del Inka in Cusco, Peru to its Luxury Collection following an extensive renovation.
When it comes to the evolution of Element Hotels, Starwood Hotels & Resorts Worldwide’s “eco-wise” extended stay brand that debuted in 2008, Brian McGuinness says the more things change, the more they stay the same.
China will figure more prominently in the global luxury travel market, according to experts. Many international hotel brands are targeting Chinese travelers.
Starwood's Trailblazing Eco-Wise Brand will Debut in China with the Opening of Element Suzhou Science and Technology Town in 2015 .
Even Frydenberg has been appointed Senior Vice President, Western Europe and Global Initiatives at Starwood Hotels & Resorts in Brussels, Belgium.
Starwood Hotels & Resorts Worldwide has signed an agreement with Jabal Omar Development Company to open three new hotels in the Holy City of Makkah.
Starwood Hotel and Resorts just announced that Mr. Eddie Tang as the General Manager of The Castle Hotel, A Luxury Collection Hotel Dalian.
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